School taxes to raise slightly on $25 million budget
Humboldt High School Prom attendees Georgia Bolen and Trey Thomas received a special ride to last Saturday’s formal event. Georgia’s grandpa, John Bolen (right) of Runnells, drove his immaculately restored 1940 Chrysler Traveler to Humboldt to escort to the couple. Humboldt Independent photo by Kent Thompson.
By Phil Monson
After a public hearing with no objectors, the Humboldt School Board Monday night gave final approval to a proposed budget totaling $25.19 million for the 2019-20 school year.
The board finalized the budget in a special meeting with a relatively light agenda.
Maximum allowable expenditures will be $25,193,081 with a property tax rate of $12.33818 per $1,000 of assessed valuation. The rate is up slightly from the current year’s rate of $12.21434.
“Over the last 10 years our average rate has been around $12.81, so we have tried to keep the rate friendly to our local taxpayers,” Darling said.
“But do we have enough money to run the school? Not really. We are at a crossroads where we have to do some things. Our unspent balance is going down and it cannot continue to go down,” Darling said.
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